This analysis is rather bearish relative to the FLD/price interaction one would expect when moving out of an 18 month trough. From what I understand of Hurst phasing, this bearishness would normally be the catalyst to re-evaluate the phasing of the 18M trough in October.
I note that you're not re-evaluating the phasing. Is that because the time frequency analysis still supports the placement of the 18M trough in October or is there something I'm missing?
S&P 500: Hurst Cycles - 13th December 2022
This analysis is rather bearish relative to the FLD/price interaction one would expect when moving out of an 18 month trough. From what I understand of Hurst phasing, this bearishness would normally be the catalyst to re-evaluate the phasing of the 18M trough in October.
I note that you're not re-evaluating the phasing. Is that because the time frequency analysis still supports the placement of the 18M trough in October or is there something I'm missing?